Could Binance’s $6.3 billion hack trigger a crisis across crypto’s billionaire network as CZ turns to Elon Musk for support?
The Binance security breach amounting to $6.3 billion is causing a rather rare spat between two prominent individuals from both the tech and crypto sectors, since founder CZ is calling on Elon Musk for help while the exchange tries to assure customers of the safety of their funds. Indeed, the exchange’s predicament became more interesting since the spat started between CZ and Elon Musk over the latter’s comments on the security breach on X.
It should be noted that this spat has brought attention to another form of connection that goes beyond trading in cryptocurrencies, since Binance made investments in Elon Musk’s ventures,
